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Ajmera Realty inks SPA to divest 50% stake in Ajmera Luxe Realty

18 Jan 2024 Evaluate

Ajmera Realty & Infra India (ARIIL) has entered into a Share Purchase Agreement (SPA) with Keystone Realtors (KRL) to divest 50% equity shareholding in Ajmera Luxe Realty (ALRPL), a wholly owned subsidiary of ARIIL. Therefore, upon completion of the aforesaid transaction in terms of the SPA, ALRPL would cease to be a wholly owned subsidiary of the ARIIL. 

Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.


Ajmera Realty&Infra Share Price

124.86 -0.02 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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